Lewes, DE -- (SBWire) -- 05/06/2019 --Global Chocolate Confectionery Market is accounted for $128.79 billion in 2017 and is expected to reach $187.05 billion by 2026 growing at a CAGR of 4.2% during the forecast period. Factors such as increasing demand for chocolates and declining price of cocoa beans which is used as raw material in the processing of chocolate items are driving the market growth. However, negative health connotations of chocolate will continue to undermine sales and increases in the price of imported raw materials such as cocoa butter and sugar are hindering the market.
Confectionery is divided into two broad and rather overlapping categories, bakers' confections and sugar confections. In addition, interesting packaging of products, innovative branding tricks and promotional events raising the demand for chocolates amongst consumers due to promotion and selling strategies are increasing the chocolate confectionery.The company also has conducted several marketing events.
Based on Composition, dark chocolate segment is anticipated to show a high growth rate due to growing demand for dark chocolate in emerging countries which will impact the expansion of the chocolate industry and increase in the seasonal sales thus boosting the dark chocolate segment during the estimated period. In terms of geography, Asia Pacific is expected to grow at a high rate due to the increasing disposable incomes of the people in this region, huge population base and increasing focus on market players.
Some of the key players profiled in the Chocolate Confectionery Market include Arcor, Barry Callebaut, Blommer, DV Chocolate, Ferrero Group, Foley's Candies LP, Hershey Foods, Honest Chocolate, Mars, Inc., Mars, Incorporated, Mondel?z International, Inc., Nestlé, Ooh La La Confectionery, Puratos and The Hershey Companyinclude.
Compositions Covered:
- Chocolate Creams
- Nut Chocolate
- Organic Chocolate
- White Chocolate
- Milk Chocolate
- Dark Chocolate
- Other Compositions
Product Types Covered:
- Chocolate lollipops
- Chocolate with Toys
- Molded Bars & Tablets
- Novelties
- Alfajores
- Bagged Selflines/Softlines
- Countlines
- Seasonal Chocolate
- Boxed Assortments
- Other Product Types
Distribution Channels Covered:
- Club Stores
- Confectionery Specialists/Shops
- Convenience Stores
- Discounters/Dollar Stores
- Drug Stores
- Health and Beauty Retailers
- Independent Small Grocers
- Online Retail
- Supermarkets/Hypermarkets
- Other Distribution Channels
Applications Covered:
- Manufactory
- Restaurant and Coffeehouse
- Other Applications
Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
UK
Italy
France
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
- South America
Argentina
Brazil
Chile
Rest of South America
- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Spanning over 175 pages "Chocolate Confectionery - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Chocolate Confectionery Market, By Composition, Global Chocolate Confectionery Market, By Product Type, Global Chocolate Confectionery Market, By Distribution Channel, Global Chocolate Confectionery Market, By Application, Global Chocolate Confectionery Market, By Geography, Key Developments, Company Profiling.
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